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As Moving to another question will save this response. Question 3 Additional information: 1. New plant assets costing $50,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $28,750 and accumulated depreciation of $24,250 were sold for $750 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $13,015 was declared and paid during the year. 5. Common stock was issued at par for cash. 6. There were no significant noncash transactions. INSTRUCTIONS: Determine the result produced by the displayed cash flow activity. First state whether the net cash is "provided by" or "used by" the c the net cash amount is negative, record it with parentheses as follows: ($555,555). Failure to do so will result in an incorre Example responses: Net cash provided by or used by? Used by. Net cash amount? $555,555 Moving to another question will save this response